Wednesday, November 19, 2008
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Loan Modification

The social impact that foreclosures are having in our communities is nothing short of disturbing. From suicides, murders and as in this case, a stand off with swat.

NewsDay:

SADDLE BROOK, N.J. - Authorities say a son held Bergen County sheriff’s officers at gunpoint as they tried to evict his 88-year-old mother from her foreclosed home.

Officials say John Brennan threatened two officers with a .22-caliber handgun.

Officers talked to the 60-year-old, who surrendered after about five minutes when a SWAT team arrived Tuesday.

Beatrice Brennan had refinanced her two-bedroom, $250,000 home and had fallen behind on payments. The house was sold at a sheriff’s auction in May.

 

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